Does Cheshire Building Society still exist?

Does Cheshire Building Society still exist?

The Cheshire continued to operate as a trading division of the Nationwide until it was fully integrated into its parent in October 2014.

When did Nationwide take over the Cheshire Building Society?

2008
Cheshire was acquired by Nationwide back in 2008, but continued to operate under its own brand until now.

Can I open a building society account online?

You can apply online for each of our current accounts on their pages on our website. Just hit the big Apply button. You can also apply through the Internet Bank.

What are the disadvantages of a building society?

Cons

• Building societies are not as secure as they have historically been. The choice of mutual is falling and failures have become more commonplace.
• Many building societies have geographical restrictions.
• Building societies often have a restricted choice of products.

Are building societies better than banks?

Many people feel that saving with a building society is better than a bank. Building societies typically offer better rates on savings accounts compared with banks. According to Your Money, in 2019, the average variable interest rate paid by building societies was 1.05 per cent.

What ID is needed to open a building society?

A valid passport / EU national ID card or UK driving licence is ideal. In most cases this will be all we need. Valid Passport/EU national ID Card means in date, undamaged and machine readable. Unfortunately, we can’t accept handwritten passports or ID cards.

What documents do I need to open a building society account?

Proof of name

1. a valid national driving licence from an EU/EEA country.
2. HMRC tax documentation that’s less than 6 months old (either a tax notice, coding assessment, statement, credit document, or notice of tax code)
3. a Northern Ireland voters card (in date cards only)
4. a UK disability blue badge with photo.